People Moves
Commonwealth Financial Network Gains $175 Million Team
Vaughn Wealth of Orlando, FL, has left NFP Advisor Services and joined Commonwealth Financial Network, the US broker-dealer and RIA firm.
T Kevin Taylor and S Kyle Taylor, along with their team, take $175 million in client assets to Commonwealth and partly made the move because they were impressed by the firm's robust practice management services.
A number of firms have been dedicating more resources to practice management in recent months, such as eMoney Advisor, which partnered with Peak Advisor Alliance, as well as Envestnet, Wealthminder and Cetera.
Vaughn Wealth works with businesses, professional firms and families in central Florida, offering wealth management-related solutions including corporate retirement plans, benefit strategies, family estate planning and investments.
Commonwealth supports around 1,600 independent advisors across the US serving as registered representatives, investment advisor representatives and RIAs, as well as through hybrid service models.